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Upgraded Two-Family Residential Income
For Sale
$820,000
Pending

303 N 13Th St, Newark, NJ 07107

Two fully updated units with separate utilities, central HVAC, and a finished basement for flexible income or owner-occupant living.

Property SizeContact for details
Days on Market94

Property Features for 303 N 13Th St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,800

Building Details

Year Built 1955
Units 2
Tenancy Multi
Listed By: MARIO W CHOLVI VIDAL
Source: Elliman
Added: Jun 3 Changed: Aug 22 Last Checked: Sep 1 at 10:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARIO W CHOLVI VIDAL

Investment Insights

Based on property information with market context.

303-305 North 13th Street is a renovated two-family home offering two distinct residential units with separate utilities. The first-floor unit features three bedrooms, a fully updated bathroom with a tub and stand-up shower combination, and a newly updated kitchen. Hardwood and ceramic flooring extend through the main living areas, and a finished basement provides expanded recreation or secondary living space. The outdoor area includes a private backyard with a custom-built BBQ area, a large storage shed, and a sizable private driveway with parking for 4+ vehicles, supported by an electric sliding gate operator for added convenience and access control.

The property sits on an oversized 50' x 100' lot and is located in the North Newark section. The home benefits from convenient access to schools, parks, shopping, major highways, and public transportation. Walkability is supported by nearby amenities and transit options.

For tenants, buyers, and owner-occupants, the configuration supports a range of occupancy strategies, including living in one unit while renting the other. Both units are described as fully updated and currently have central air and central heat, with separate utilities for each unit, which can simplify metering and day-to-day management. The finished basement and dedicated outdoor parking and entertaining space further enhance day-to-day livability.

Key Highlights

  • Two‑family home built in 1955 on a 50' x 100' lot at 303‑305 North 13th Street
  • First‑floor unit has 3 bedrooms, a fully updated bathroom, and a new kitchen; hardwood and ceramic floors throughout
  • Second‑floor unit has 2 bedrooms and 1 full bath and is currently rented

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,256
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two fully updated units with separate utilities, central HVAC, and a finished basement for flexible income or owner-occupant living.
Where is this duplex located?
The property is located at 303 N 13Th St Newark, NJ.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Two‑family home built in 1955 on a 50' x 100' lot at 303‑305 North 13th Street; First‑floor unit has 3 bedrooms, a fully updated bathroom, and a new kitchen; hardwood and ceramic floors throughout; Second‑floor unit has 2 bedrooms and 1 full bath and is currently rented
More about this property
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